Answered

At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

What is one common consequence across all debt types for delinquent payment

Sagot :

Answer: See explanation

Explanation:

You didn't give the options but I'll try help out.

A loan is said to be "delinquent" when the a borrower does not pay back the loan that was borrowed as at when due.

It should be noted that when a loan is delinquent, it has a negative effect on the credit score of the person and therefore might make it difficult for the person to be able to borrow in the future.

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.